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Coin Laundromat

Middlesex County, New Jersey

Asking Price: Gross: Cash Flow:
$280,000 $192,300 $80,000

Furniture and Fixtures Value:
$0 (included in the asking price)

Inventory Value:
$0 ( not included in the asking price)

Business Summary:
This is a 40 year old established Laundromat that has been renovated 4 years ago with all new efficient equipment 19 washers, 22 dryers, flat screen TVs, tables, chairs, change machine, POS system, security system, 2001 Chrysler Van. Annual breakdown of sales: $104,000 (self-service), $42,500 (drop-off WNF), $44,000 (laundry pickup), $1,800 (soap). Owner has no problem proving numbers. For further information please contact Douglas Bodner at 908-851-9040 Ext. 204.

 
   
   
Year Business was Established: 1971
   
Number of Employees: 3  
   
Facilities / Terms of Lease: This is a brand new Laundromat with all new equipment includes POS system, TVs, website, security system, tables, chairs, Chrysler Van.  
   
Potential Growth/Expansion: New owner/operator can increase pick-up laundry  
   
Competition: Limited competition  
   
Owner willing to finance: $80,000 payable over 5 years @ Prime + 1%  
   
Owner willing to train: Seller will stay on to train for two weeks  
   
Reason for selling: Owner has another business opportunity  
 

 

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